Procurement teams can fall into a trap of using disparate and decentralized systems to manage their procurement processes. This can happen for a number of reasons, including complex and cumbersome legacy procurement systems, software feature fatigue, budget limitations, and a reliance on...

Product design, R&D, IT, marketing, logistics providers, suppliers… the list can go on. In one way or another, Procurement touches them all. As a function spanning multiple activities and communication points, there are many opportunities for risk to enter the procurement process.

Traditionally procurement professionals have relied on two main tools, both with and without ERP, for managing the procurement process: email and Excel. However, with the advent of affordable SaaS solutions, more modern methods are now available to SMBs and small procurement departments with...

It can be tempting to run your procurement process the way it’s always been done. After all, changing a core process like procurement is daunting; gaining buy-in from stakeholders and reworking the process, all while maintaining or improving the quality of the process is a lot to juggle at one...

Procurement directly impacts many internal groups and your organization’s bottom line, so it’s important to make sure it is being handled efficiently. Even so, many organizations find themselves experiencing high costs and inefficiencies directly related to the procurement process. This can be a...

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Does your procurement function run on-premise or in the cloud? If your procurement function is not using a cloud-based, software as a service (SaaS) solution, then you should reconsider. While software as a service is not new, only in the past few years have organizations really begun taking...